they have a -- i follow jamie who was from csx. they want him to be the coo.overnor, ohio if you have the problem in east palestine he could be of assistance. it has to be someone that might want. >> we have a really strong board. we have 13 nominees which includes former ceo's. we have direct rail and transportation experience. we have a former admiral and we have rail safety advocates. we have a really strong board. we have gone to the activists and we have offered a settlement. their responses have been unreasonable. >> the people and you said listen maybe we can have someone if you want and they said no? >> we have offered a settlement. they it. you can give -- is that private? >> we offered a couple of board seats. e you have? >> yes. >> to people you interviewed you went through the process? >> we went through the process. we offered seats. our board firmly believes that is -- drives long term share holder disruption. >> if you take out the east palestine incident which i know is hard, because it's a terrible thing your numbers were getting better. >> si

and then we have norfolk southern there's a new wrinkle with csx and then, you know, mr.ying off a lot of people and redoing things he's had it with his company falling behind the forms of prague o proctor and gamble it's a great story. >> yes i'll be listening at noon. >> yes we'll be talking about a new name jeff marks is a star i cannot wait. the previous organization was a drag and now it's something i love to talk to people when they come to reese's bottle signing in palm beach gardens, we ran out so quickly. i was like where's the stuff signing brochures. the club is the way to go. thank you for mentioning it. >> that's at noon eastern. can't wait the dow is holding onto a 300 point open gain. back in a moment ing. it is the first e-class made just for you. for you. for you. this is not just design because your e-class... it adapts to you. it recognizes you. understands you. empowers you. energizes you. feels you. it evolves with you. the new e-class. ♪ ♪ to build the electric vehicle of the future, you need partners. mining partners. technology partners. education.

norfolk southern and csx ring the -- bring the coal to the terminal. csx says they have excess capacity where they can add on routes and trains to move some of that coal. after that, what happens? you have an analyst at be about a security saying after a month of lost shipments, console should be down by about 1%. you could reroute to virginia. there is the capacity there but it cannot make up all that capacity. it is able to do to million tons. it cannot do the 2.5 million tons from baltimore. you may reroute it but that might cause something. you barge it somewhere else? that is going to cost more money. a lot of other stuff can go to the west coast on train lines but is that where you're going to export coal? katie: it is a good perspective because we keep talking about the rerouting. it is not a perfect one to one solution. what's talk about your specialty and that is will products. what is happening there? alix: there is not a lot of fuel imported in terms of gasoline into baltimore but there is some . we heard from colonial pipeline which is the

but csx does plan on keeping its curtis bay cold pier in baltimore open for now if.er update on the tragedy at the bottom of the hour from the governor of maryland and transportation secretary pete buttigieg. we'll keep an eye out for it, take you there when it happens. we do stress this is still, according to the ntsb, a search and rescuer operation. >>> another fox business alert, and let's get to some individual stock stories. mccormack earnings spicing up the stock which not only is on track for its best day since march 28th of last year, but it is also the top leader on the s&p 500. the spice giant have, which also makes frank's red hot sauce and friend of. 's mustard, beat earnings estimates for the first quarter. mccormack says higher prices -- a ah, here it comes -- in its consumer division were what pushed the surprise sales increase of 3%. now, analysts had been looking for a 1% decline. but they also said volume dropped, uh-oh. so nonetheless, investors love the story that the stock is up nearly 10. from mccormick to mcdonald's, krispy kreme hitting a 2-ye

out power at two port terminals operated by coal supplier consol energy and freight railroad company csxat it will succeed redirect significant volumes of coal through nearby ports. philadelphia, buffels and savannah handle only a small portion of the exports. every day, downtime due to an emergency can bring, according to experts, losses in the amount of $9 million. these things are taken. it could take years to rebuild the bridge, projects like this take time, but biden has made it clear that he wants to make this a priority, it's a critical path, baltimore is a very busy city, especially considering. its location, the bridge was an important artery, the authorities want to restore it as soon as possible. property damage experts in the shipping industry believe the baltimore bridge collapse will have a significant negative impact on shipping and transport logistics across the entire east coast of the united states for many months to come. maryland governor wes moore called the bridge reconstruction a long-term project, but did not indicate any specific time frame. yes, nika, thank you,

for baltimore, but for the country to include the midwest with the farming equipment that goes on the csx line that is right there and also how are you going to push back to republicans that don't want anything to come through from this biden administration when the president says he wants to pay for everything. >> i will take the ladder and leave it to you on the channel. [laughter] infrastructure is or at least ought to be a bipartisan priority. i know that partisanship has gotten in the way of some important functions and expenditures. but i would also note that the infrastructure package that was passed is known as the bipartisan infrastructure law for a reason. some, not all, republicans cross the aisle to work with president biden and work with democrats and get this done. it's our hope that the same spirit will prevail here and i would remind any monomer who might find themselves on the fence when this -- when any request that might come through materialize today it's happening and baltimore and tomorrow it could be your district but tomorrow we need to stand to get at their red, b

through making arrangements with truckers who might come up from baltimore, but also we understand that csx southern are in the process of scheduling additional trains that will be able to transfer cargo that was intended for baltimore that we off load here. >> you both make it sound very smooth for your respective ports. rick, what level of preparation have you had for it to be hopefully as smooth as you're saying do you have to get more hours in, more equipment, or is there always this excess capacity? >> well, in the port of new york and new jersey, it's the second busiest in the nation. and there are monthly fluctuations, and we're able to adjust our marine terminals do have, as i said, extra capacity they surged it during covid, they can surge it now. it may require additional gate hours, depending on whether the cargo is departing here by truck or by train. but we are prepared to surge as necessary to handle the cargo. the car volume will be a little more challenging, because the cars need to be driven off of the -- off of the ships. but if the railroads step in, and provide additiona

csx and saying right now that existing paul customers should expect potential shipment delays after thisppening, a lot of people are telling you that a lot of people are telling you this will affect our business primitive period -- the norwegian because of odyssey what we used to do in this area we can't do anymore this area are my shipments delayed, ships rerouted, nightmares building. see with this... hs maniacally] (inner monologue) seriously, look at these guys. they are playing great. meanwhile, i'm on the green and all i can think about is all the green i'm spending on 3 kids in college. not to mention the kitchen remodel, and we'd just remodel the bathrooms last month. with empower, i get all of my financial questions answered. so i don't have to worry. so you're like a guru now? oh here it comes— join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. (bridget) with thyroid eye disease i hid from the camera. and i wanted to hide from the world. for years, i thought my t.e.d. was beyond help.

for baltimore but for a country to include the midwest with the farming equipment that goes on the csx line that's right there, and thousand do you push back to republicans who don't want anything to go through for the biden administration, where the president says he wants to pay for everything? >> i'll take the latter and leave it to you on the channel. so, look, infrastructure is or at least ought to be a bipartisan priority. i know that partisanship has gotten in the way of some important functions and expenditures, but i would also note that the infrastructure package that was passed is known as the bipartisan infrastructure law for a reason. some, not all, republicans, crossed the aisle to work with president biden and work with democrats to get this done. it is our hope that that same spirit will prevail here, and i would remind any member who might find themselves on the fence when any request that might comes through materialize that today this is happening in baltimore. tomorrow it could be your district, and we really need to stand together, red, blue and purple to get these

change, but i think if you -- the norfolk southern is going to pick up a lot of the coal business from csxs tends to be related to china and india. >> right meantime, jpm issues a warning of sorts that you could see crude get to $100 before the election, based on some of the russian production cuts. do you think that's too much >> i think we have so much in the permian that we can turn it on builders first source, by the way, down off home depot just want to point that out. i do think that we can make up whatever oil is needed we can keep oil at, say, $80 or $85. the only thing i'm worried about -- my friend rusty brazil came out and said that -- i'm going to say this, but it's true -- we have a total eclipse of the sun coming up, and that's going to hurt the solar industry >> more than yellen's comments yesterday about chinese production >> yeah. i mean, the solar -- that's going to be a bad day for solar. that's a good day to buy the solar stocks, though i do think that the energy business -- when you have marathon pete, a refiner, being a top five company in the s&p, i mean, wow. that's

i still intend to do so but i can't go -- it's on the csx railway.e doing but, david, have you driven the rivian? >> no. >> go to brooklyn with me, of course, my wife because my wife, i drive awfully. it's so great. >> why? >> because it's -- well, it handles much tighter. it handles like a bmw. >> really? >> yeah, it's got that tight handle. let's see if steve at hertz takes some down -- >> i think he will stay away from these for awhile. >> kind of a blow for the georgia economy as well. this was the second biggest -- >> i know. i committed to going to it. i'm not giving up. i think they do have the amazon backing. the thing is really beautiful. it is just -- it's a great ride, but the thing is we're in an uncertain time because of the envy for the ev. >> volvo. meanwhile, markets are doing quite well. i would just end on that with the nasdaq up almost 0.6%. shares advancing another -- >> let me see if there's more homicide by david. >> $3.8 trillion market value and shares of apple out of the game. >> you've got marvell down 7%. i'm calling matt m